The hospitality sector is key to the UK economy and to South Devon's. The Government has stood side by side with the hospitality sector in recent years and implemented supportive measures including:
- a temporary reduction of VAT to 5%
- the Eat Out to Help Out scheme
- relaxed licensing laws
- the furlough scheme
- business rate discounts
However, we do need to explore further measures such as a permanent decline of VAT over five years down to 10%.
I was pleased to be able to speak up in Parliament for our hospitality sector, to mention just a few of our local producers and establishments from South Devon and to stand up for their future.